Charlton joined United as an apprentice in 1953, before making his senior debut in October 1956. He made 758 appearances for the Red Devils, scoring a club record 249 goals.

Additionally, he won three First Division titles, one FA Cup the played a key part in the club's European Cup triumph in 1968 - 10 years on from the Munich air disaster - and has since continued working for the club in a number of roles.

The unveiling of the new name will take place at the home game against Everton on April 2.

“This is a great honour and I am very proud – for myself and my family – that the club has chosen to name the South Stand after me," said Charlton, speaking to the club's official website.

Former great: Chalrton scored a club record 249 goals for United (Photo: PA)

Southside: Charlton will join Sir Alex Ferguson in having a stand named after him (Photo: Getty)

"Manchester United has been such an important part of my life and I have so many wonderful memories of this Theatre of Dreams. As a player, I remember the goals and the marvellous players I played with. As a director, I have seen some outstanding matches and players. It is a special place indeed.

“I would like to thank everyone connected with Manchester United. So many people work so hard to keep us at the top; their effort should never be forgotten. But most of all, I would like to thank Norma, my wonderful wife, and my family for the support and encouragement they have always provided. This is for them.”

Honoured: Charlton was immortalised on the Football Walk of Fame in 2015 (Photo: Jon Super)

Executive vice-chairman Ed Woodward said: “Bobby is, quite simply, the most iconic figure in English football history. A player, a diplomat, a gentleman and a tireless worker for charity, he represents everything that is good about football and Manchester United.

“It has been a privilege to know him and humbling to work alongside him for the last 10 years. Renaming the South Stand, which contains both the Directors’ Box and the old players’ changing rooms, is a fitting tribute to all that Bobby has contributed to the club both as a player and a director.”